Indirect Tax Indirect taxes include value added tax‚ a range of excise duties on oil‚ tobacco and alcohol and fuel duty. VAT is levied on the sale of goods by registered businesses. Businesses add VAT to the price they charge when they provide goods and services to business customers - and non-business customers. There are different VAT rates‚ depending on the goods or services that are being provided. At the moment there are three rates: standard rate – 20%‚ reduced rate - 5 %‚ zero rate -
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Have you ever tried to to understand how someone thinks or acts? That’s an example of indirect characterization. There is also motivation and direct characterization too! The writer uses these methods to analyze how a character acts or reacts. The way an author reveals a character is called characterization. To begin with‚ indirect characterization is your point of view of the character. How they speak‚ look‚ think‚ their effects‚ and actions. For instance‚ the character Mr. Nuttel from “The
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Basics of Direct Taxes(Income Tax Act) and Indirect Taxes(VAT‚ CST‚ Excise duty‚ Service Tax etc.‚) The Persons who are taxed are called “Assessees”. Assessees or “Person” under the Income Tax Act‚ 1961(as amended Yearly under the respective Finance Acts) are as follows:- 1) Individual 2) Hindu Undivided Family(HUF) 3) Firm or Association of Persons(AOP) 4) Joint Stock Company 5) Every other person Whether an Assessee is liable to be taxed and if so‚ on what income etc.‚ depends on the
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Lecture 1 Indirect Taxation 2012 Dr Nakha Ratnam Somasundaram Advanced Taxation 1 Indirect taxation 2012 Dr Nakha Ratnam Somasundaram - Advanced Taxation 2 Indirect taxation • Indirect taxes consists of the following taxes: – – – – Sales tax Service tax Excise duty Customs duty • These taxes are collected by the Director General of the Royal Malaysian Customs. 2012 Dr Nakha Ratnam Somasundaram - Advanced Taxation 3 ROYAL MALAYSIAN CUSTOMS: HTTP://WWW.CUSTOMS.GOV.MY INDIRECT TAXATION
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Direct Taxes: A Direct tax is a kind of charge‚ which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else. The some important direct taxes imposed in India are as under: Income Tax: Income Tax Act‚ 1961 imposes tax on the income of the individuals or Hindu undivided families or firms or co-operative societies (other tan companies) and trusts
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Nigeria Introduction Value Added Tax (VAT) was introduced in Nigeria in 1993 but became effective on 1 January 1994. VAT replaced the Sales Tax. VAT is governed by the Value Added Tax Act‚ Chapter V1‚ Laws of the Federation of Nigeria (LFN) 2004. The tax is administered by the Federal Inland Revenue Service (FIRS). Rates and scope Rates The standard VAT rate on goods and services is 5%. Value for VAT purposes includes customs duties‚ taxes‚ commission‚ transport‚ insurance and other charges
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In “The Scarlet Ibis”‚ James Hurst uses indirect characterization to display the idea that pride is wonderful feeling‚ but too much of it can control someone and hurt them and others by having Doodle be the older brother’s pride‚ than by having his pride overcome him and end up hurting him. Towards the middle of the story‚ Doodle‚ the protagonist‚ is taught how to walk by his older brother. When they decide to show their family the surprise‚ everyone walks over to Doodle’s older brother to give him
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should be owing to their internal growth rather than external factors. For instance‚ Rau uses indirect characterization and juxtaposition to contrast Santha’s association to the name Cynthia‚ given to her by the principal‚ which she never took to heart‚ and her real name; in contrast‚ Mora’s use of indirect characterization and imagery shows that despite Both Rau and Mora employ indirect characterization to enhance their character’ development‚ which reveals how others influence
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Framton Nuttel‚ the main character in Saki’s “The Open Window” is gullible and naïve because he believes all that the highly imaginative Vera‚ the niece of Mrs. Sappleton‚ divulges to him. Additionally he has anxiety issues which cause nervousness becoming his reason for his trip to the country to relieve some of those feelings. Vera speaks of a great tragedy in which Mrs. Sappleton lost her husband and two younger brothers. She further goes on to say that her aunt keeps the window open in hopes
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Finding The Theme Many stories around the world have a wide variety of theme and issues that are not easily identified. Throughout stories‚ authors like to describe the characterization of character rather than the plot. The reason authors don’t describe the plot of the story is because through the characterization of the characters‚ readers are able to distinguish the different issues the author has planted in the story. Alice Walker’s “Everyday Use” is a short story that explores the way
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